lowermybills.com review is it a Scam
LowerMybills came into being over ten years ago and was acquired by Experian in the year 2005 for a price of $ 330million. This company is profitable as it makes thousands of dollars each year. What is LowerMybills.com? The entire process of getting quotations and financial data can prove to be a daunting task. The main idea that this company has is it to provide a platform where the vendors and the lenders can be positioned in one location to make the process of getting quotations easier for the clients. The company works with numerous lenders to get as many quotations and also estimates on given products.
LowerMyBills.com: The truth behind it
LowerMyBills.com has received a lot of criticism being rated as scam by many users. Reviews have shown that there have been numerous customer complaints in relation to the services provided by this site. This site is a free web service that allows clients to make comparisons of the lower rates on the monthly bills and consequently end up cutting down on cost. The ads at this site claim that one can benefit from making immense savings through the acquaintances acquired with well over five hundred service providers in different genres.
lowermybills.com complaints and other reviews
The site places ads online promising they could save their members hundreds of dollars in various fields. One such review about LowerMyBill.com indicated that the site promised savings on care insurance. After the prospect clicked on the url that was provided, the client was subjected to provide personal information include the phone number that was to be submitted to the insurance carriers who would offer different quotations. After doing this, the user still had to click on and submit information again and again. The conclusion drawn was that LowerMyBills simply wanted to trade of the information to the highest bidder. By all standards this can be classified as scam.
What is lowermybills.com?
A further address of the question, what is LowerMybills.com indicates that they act as middlemen between the lenders and the clients. They can easily sell your details which are inclusive of your personal phone number and physical location. They are looking out at getting the best deal possible which will see them maximize on their profits. It is obvious that the biggest intention of the in betweens in any business deal is to maximize on profits and therefore the idea of saving on costs becomes questionable.
The reality is that people are skeptical about using the services of LowerMyBills.com. Complaints and reviews have proved that this service is worth doubting and the best approach would be to look before you leap.